-
Credit Memos: What They Are and How To Write One
Need to adjust an invoice? A credit memo might be the answer. Learn all about this useful accounting tool, including how to create and record one.
-
What Is Remittance Advice? Everything You Need to Know
Remittance advice may sound complex, but the idea is simple. Learn all about these important proofs of payment, from what to include to how to send one.
-
ACH Versus Wire Transfers: Which Payment Method Is Right for Your Business?
Discover the strengths and weaknesses of ACH versus wire transfers. Here’s which payment method to use for your unique business needs and how they work.
-
Accounts Receivable Versus Payable: Differences and Examples
What are the differences between accounts receivable versus payable? Here’s everything you need to know about this area of business finance.
-
Revenue Versus Income: Definition and Differences
What’s the difference between revenue versus net income? Here’s how to use this knowledge to boost your financial health and make informed decisions.
-
What Is Bookkeeping? Definition, Types, and Importance of Bookkeeping
What is bookkeeping? Here’s everything you need to know, including different types of bookkeeping, how to use them, and why they’re important.
-
Creating an Effective Invoice Number System: Best Practices
Learn the ins and outs of invoice numbers. Discover what invoice numbers are, why they’re crucial, and how to create a numbering system that works for you.
-
How To Calculate Cash Flow: Key Formulas and Practical Examples
Discover how to calculate cash flow and make informed financial decisions. Here are eight tips for managing money and keeping a positive cash flow.
-
10 Common Invoicing Mistakes and How To Avoid Them
Invoicing mistakes are common, but they can tarnish a company's reputation and lead to higher costs. Here’s how to avoid them.